New Delhi, Dec 08: Naresh Chandra Committee on civil aviation has recommended allowing upto 49 per cent foreign direct investment in the country's airlines. The five-member panel, which submitted its report today to Union Civil Aviation Minister Rajiv Pratap Rudy, also recommended that private domestic airlines should be allowed to fly abroad, Chandra told reporters here.
Giving details of the roadmap, it mooted foreign investments of upto 100 per cent in the non-scheduled carriers like helicopter operations.
Bureau Report